by Juliet Wylie | 19th March 2021 | Being an employer, Directors, Limited company, Sole trader
New IR35 tax changes will come into force in the private sector in April 2021. As a result some self-employed workers, and the businesses that hire them, will have to pay tax differently. Are you one of the 170,000 ‘contractors’ who may have to pay more tax? Are...
by Andrea Thomas | 23rd October 2020 | Corporation tax, Directors, Limited company, Start ups
There are lots of benefits of owning a limited company over being a sole trader, from potential tax savings to protection of your personal assets. In order to take advantage of these benefits, there are certain statutory duties you must adhere to every year. It’s...
by Georgi Rollings | 17th June 2012 | Bookkeeping, Company Structure, Self assessment, Sole trader, Start ups
You’ve just started trading, but you don’t know what to do next. You know you need to make sure you’re keeping the tax man happy, and you need to track how your business is performing. If only somebody could give you some simple steps to complete!...
by Georgi Rollings | 11th March 2012 | Bookkeeping, Business Planning, Company Structure, Limited company, Sole trader, Start ups
One of the things I love most about what I do is getting to see so many new businesses, all with fantastic ideas, just waiting for an opportunity to flourish. However on the flip side I get to see some pretty regular mistakes that a lot of people make which can cause...
by Georgi Rollings | 30th July 2011 | Accounting, Company Structure, Limited company, Sole trader, Start ups
So. You’ve come up with the best business idea of the year, you’ve sounded it out with your friends, you’ve decided to go for it. The big question is how to get started. One thing you need to think about right at the start is how to structure your...